{"id":5766,"date":"2025-08-27T01:06:00","date_gmt":"2025-08-27T04:06:00","guid":{"rendered":"https:\/\/elinversordebolsillo.com.ar\/?p=5766"},"modified":"2025-08-18T10:20:38","modified_gmt":"2025-08-18T13:20:38","slug":"mercado-ruso","status":"publish","type":"post","link":"https:\/\/elinversordebolsillo.com.ar\/en\/mercado-ruso\/","title":{"rendered":"The Shocking Collapse of the Russian Market in 1998 and Its Aftermath"},"content":{"rendered":"<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio has-large-font-size\">Anniversary of August 27<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\"><strong><em>On August 27, 1998, the Russian market collapsed completely: the main index fell by 171% on that day alone, adding to a catastrophic year-on-year decline of 841% on the same day. Find out what happened.<\/em><\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>He <strong>August 27, 1998<\/strong>, the world&#039;s financial markets experienced one of the most tense episodes of the 1990s, marked by a collapse that reflected the fragility of the global financial system in the face of a series of interconnected events. This day, known as the &quot;mini-crash of August 1998,&quot; was profoundly influenced by the <strong>financial crisis in Russia<\/strong>, the impact of hedge funds as <strong>Long-Term Capital Management (LTCM)<\/strong> and the persistent fear of global contagion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Background: A vulnerable system<\/strong><\/h2>\n\n\n\n<p>The Russian market crash and its global impact in August 1998 did not happen out of nowhere. It was the result of a combination of regional crises, institutional failures, and inherent vulnerabilities in the global financial system.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. The Asian financial crisis of 1997<\/strong><\/h3>\n\n\n\n<p>A year earlier, Asian markets had collapsed due to problems related to currency overvaluation, real estate bubbles, and unsustainable trade deficits. Countries like Thailand, Indonesia, and South Korea were particularly hard hit, triggering a crisis that put the global financial system in jeopardy.<\/p>\n\n\n\n<p>Although the Asian crisis had begun to subside by 1998, its aftereffects remained, with the global financial system already weakened and more sensitive to further shocks.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-el-inversor-de-bolsillo wp-block-embed-el-inversor-de-bolsillo\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"vLTe5Ma56U\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/crisis-financiera-asiatica\/\">The 1997 Asian Financial Crisis and Its Significant Global Impact<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00abLa Crisis Financiera Asi\u00e1tica de 1997 y su Notable Impacto Mundial\u00bb \u2014 El Inversor de Bolsillo\" src=\"https:\/\/elinversordebolsillo.com.ar\/crisis-financiera-asiatica\/embed\/#?secret=k3UDagtgH2#?secret=vLTe5Ma56U\" data-secret=\"vLTe5Ma56U\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. La crisis ec\u00f3nomica<\/strong><\/h3>\n\n\n\n<p>The most immediate trigger for the market collapse in August 1998 was the <strong>financial crisis in Russia<\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Economic context in Russia<\/strong>Following the collapse of the Soviet Union, Russia experienced a chaotic economic transition to capitalism, characterized by corruption, hyperinflation, and a weak institutional foundation. By 1998, the country was heavily dependent on domestic debt issuance and oil export revenues.<\/li>\n\n\n\n<li><strong>The impact of oil prices<\/strong>In 1998, oil prices reached historic lows, drastically reducing Russian government revenues.<\/li>\n\n\n\n<li><strong>Default and devaluation<\/strong>On August 17, 1998, Russia announced that it would be unable to meet its internal debt payments and decided to devalue the ruble. This event sparked panic in international markets.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Long-Term Capital Management (LTCM)<\/strong><\/h3>\n\n\n\n<p>The market collapse in August 1998 also highlighted the fragility of highly leveraged investment funds, <strong>LTCM<\/strong> An emblematic case. This fund, run by prominent economists, including Nobel Prize winners, had made massive bets based on mathematical models that assumed market stability.<\/p>\n\n\n\n<p>As global markets began to collapse, LTCM suffered catastrophic losses, increasing panic in the global financial system.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-el-inversor-de-bolsillo wp-block-embed-el-inversor-de-bolsillo\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"2rv7qsGTGB\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/caida-de-ltcm\/\">LTCM: 26 Years After the Spectacular Fall of the Financial Goliath<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00abLTCM: A 26 A\u00f1os de la Espectacular Ca\u00edda del Goliat de las Finanzas\u00bb \u2014 El Inversor de Bolsillo\" src=\"https:\/\/elinversordebolsillo.com.ar\/caida-de-ltcm\/embed\/#?secret=oJp96n1PK3#?secret=2rv7qsGTGB\" data-secret=\"2rv7qsGTGB\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The collapse of the Russian and global markets on August 27, 1998<\/strong><\/h2>\n\n\n\n<p>Thursday <strong>August 27, 1998<\/strong>Global markets reacted sharply to the growing financial tensions. Stock markets in Asia, Europe, and the Americas experienced significant declines.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Fall of international stock markets<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>On Wall Street, the index <strong>Dow Jones Industrial Average<\/strong> fell 3.5%, one of the biggest drops of the year.<\/li>\n\n\n\n<li>In Europe, major stock markets recorded similar losses, with key indices such as London&#039;s FTSE 100 and Germany&#039;s DAX falling from 41Q3 to 51Q3.<\/li>\n\n\n\n<li>Asian markets, already weakened by the 1997 financial crisis, suffered even sharper declines, reflecting the growing perception of risk in emerging economies.<\/li>\n\n\n\n<li>The Russian market itself collapsed, falling 17% on the day and accumulating a fall to that point of the year of 84%.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Impact on bond and currency markets<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>U.S. Treasury bonds, considered a safe haven, experienced increased demand, leading to a decline in their yields.<\/li>\n\n\n\n<li>In the currency markets, currencies such as the Japanese yen and the Swiss franc strengthened, while emerging market currencies, including the Russian ruble, faced strong selling pressure.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img data-dominant-color=\"1f324e\" data-has-transparency=\"false\" fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/08\/20241213_215435.webp\" alt=\"Crisis Rusa\" class=\"wp-image-6934 not-transparent\" style=\"--dominant-color: #1f324e; width:275px;height:auto\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/08\/20241213_215435.webp 1024w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/08\/20241213_215435-300x225.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/08\/20241213_215435-768x576.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Capital flight in emerging markets<\/strong><\/h3>\n\n\n\n<p>International investors began withdrawing capital from emerging markets, fearing that the Russian crisis could spread to other economies. This phenomenon, known as <strong>financial contagion<\/strong>, particularly affected countries in Latin America and Asia.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Structural causes of the collapse<\/strong><\/h2>\n\n\n\n<p>The crash of August 27, 1998, was the result of a combination of interconnected factors:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Domino effect of the Russian crisis<\/strong>Russia&#039;s inability to meet its debt obligations has raised fears of global contagion, especially to other emerging markets.<\/li>\n\n\n\n<li><strong>Fragility of leveraged funds<\/strong>The LTCM case highlighted the risks associated with over-reliance on leverage and mathematical models in financial markets.<\/li>\n\n\n\n<li><strong>Excess debt in emerging markets<\/strong>Many countries relied on foreign capital inflows to finance deficits, making them vulnerable to changes in investor confidence.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" width=\"851\" height=\"315\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/banner3.webp\" alt=\"Banner El Inversor de Bolsillo 3\" class=\"wp-image-5027\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/banner3.webp 851w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/banner3-300x111.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/banner3-768x284.webp 768w\" sizes=\"(max-width: 851px) 100vw, 851px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Response of central banks and regulators<\/strong><\/h3>\n\n\n\n<p>Faced with the market collapse, central banks and international regulators intervened to contain the crisis and prevent a systemic collapse.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>United States Federal Reserve<\/strong>The Fed, led by Alan Greenspan, cut interest rates several times during the second half of 1998 to stimulate the economy and stabilize markets.<\/li>\n\n\n\n<li><strong>LTCM Rescue<\/strong>In September 1998, the Fed led a joint effort by several banks to rescue LTCM, preventing a collapse that could have had catastrophic implications for the global financial system.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Long-term consequences<\/strong><\/h2>\n\n\n\n<p>The market crash of August 1998 left important lessons for the global financial system:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Increased supervision of leveraged funds<\/strong>Regulators have begun to pay more attention to the risks associated with excessive leverage in investment funds.<\/li>\n\n\n\n<li><strong>Reforms in emerging markets<\/strong>Many developing countries adopted policies to reduce their dependence on external debt and improve the stability of their financial systems.<\/li>\n\n\n\n<li><strong>Change in risk perception<\/strong>Investors became more cautious about emerging economies, leading to a reassessment of the risks associated with these markets.<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-cover aligncenter is-light wp-embed-aspect-16-9 wp-has-aspect-ratio\"><img decoding=\"async\" width=\"1024\" height=\"479\" class=\"wp-block-cover__image-background wp-image-5036\" alt=\"El Inversor de Bolsillo 1, 2 y 3\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image.webp\" data-object-fit=\"cover\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image.webp 1024w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-300x140.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-768x359.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim\" style=\"background-color:#919792\"><\/span><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<p class=\"has-text-align-center has-large-font-size\"><a href=\"https:\/\/inversordebolsillo.mercadoshops.com.ar\/MLA-759043927-libro-inversion-en-bolsa-valores-el-inversor-de-bolsillo-_JM#item_id=MLA759043927&amp;component=collection_grid&amp;page_from=home&amp;custom_categories=false&amp;item_id=MLA759043927&amp;component=collection_grid&amp;page_from=home&amp;custom_categories=false\" target=\"_blank\" rel=\"noopener\"><mark style=\"background-color:var(--ast-global-color-4)\" class=\"has-inline-color has-ast-global-color-0-color\">Get all three books now to make ends meet!<\/mark><\/a><\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Global impact and recovery<\/strong><\/h2>\n\n\n\n<p>Despite the initial shock, global markets gradually recovered thanks to central bank interventions and improved global economic conditions.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>USA<\/strong>The US economy continued to expand in the following years, driven by a technology boom and productivity growth.<\/li>\n\n\n\n<li><strong>Emerging markets<\/strong>Although some countries faced persistent difficulties, many managed to stabilize their economies and attract new investment flows.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>You might also be interested in:<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/empezar-a-invertir-en-bolsa\/\">The Secrets to Starting to Invest in the Stock Market for Beginners<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/objetivos-financieros\/\">How to achieve your financial goals and achieve financial freedom<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/preg-mentorias-financieras\/\">Frequently asked questions about our Financial Mentoring<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/servicios-financieros\/\">Choosing quality financial services is essential. How do you get them?<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/mentoria-financiera\/\">Reasons why taking financial mentoring is essential<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion: A reminder of financial interconnectedness<\/strong><\/h2>\n\n\n\n<p>The market crash of August 27, 1998, underscored the vulnerability of the global financial system to regional crises and institutional failures. As markets have become more interconnected, events like this highlight the importance of international cooperation, adequate supervision, and preparedness to confront future crises.<\/p>\n\n\n\n<p>Although the global financial system has evolved since then, the 1998 episode remains a crucial reminder of the risks inherent in markets and the need for resilience in times of uncertainty.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\">At El Inversor de Bolsillo we can help you invest in quality companies.<\/h2>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">In the <strong><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/mentoria-financiera\/\" data-type=\"post\" data-id=\"2813\">Financial Mentoring<\/a> With El Inversor de Bolsillo\u00ae you can learn while you invest, and we&#039;ll guide you according to your needs.<\/strong> Financial consulting for individuals includes one-on-one advisory sessions, online courses, stock market reports and everything you need to <strong>your investment is a success<\/strong>, so much <strong>investing in Argentina as in any other part of the world.<\/strong><br>There are different monthly plans of <strong>according to your circumstances and your budget<\/strong>Our plans are very affordable. The most important thing is that whichever plan you choose, <strong>you'll never be alone<\/strong>We will accompany you in your learning so that you can <strong>invest successfully.<\/strong><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">Getting the best financing for your business isn&#039;t easy. And you&#039;re also focused on improving your business, so financial matters can be difficult. Don&#039;t worry, we&#039;re here to help.<br><strong>With the <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/financiamiento-empresas\/\" data-type=\"post\" data-id=\"2822\">Financial Optimization Program<\/a> From El Inversor de Bolsillo\u00ae, we evaluate the company and give you specific suggestions to optimize the performance of your current balances and reduce your interest burden. <\/strong>We help you manage the registration in a Reciprocal Guarantee Society and <strong>get the best rates on the market<\/strong>. After the three free months have passed, a set number of monthly hours of financial consulting is provided.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">If you want to learn more about how to invest risk-free, visit our website. <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/\">www.elinversordebolsillo.com.ar<\/a> either <a href=\"https:\/\/www.youtube.com\/@elinversordebolsillo\" target=\"_blank\" rel=\"noopener\">our YouTube channel<\/a>.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/U-bWg9Le3ww\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen loading=\"lazy\"><\/iframe>\n\n\n\n<h3 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\">See more notes from our blog:<\/h3>\n\n\n\n<div class=\"wp-block-query wp-embed-aspect-16-9 wp-has-aspect-ratio is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"wp-block-post-template is-layout-flow wp-block-post-template-is-layout-flow\"><li class=\"wp-block-post post-4743 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-efemerides category-marzo category-miscelaneo tag-compania-de-los-mares-del-sur tag-finanzas tag-newton\">\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/newton\/\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" width=\"735\" height=\"470\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"Sir Isaac Newton: El Brillante Ci\u00e9ntifico, Te\u00f3logo e Inversor\" style=\"--dominant-color: #656565;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21.webp 735w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21-300x192.webp 300w\" sizes=\"(max-width: 735px) 100vw, 735px\" data-has-transparency=\"false\" data-dominant-color=\"656565\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><h2 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/newton\/\" target=\"_self\">Sir Isaac Newton: The Brilliant Scientist, Theologian, and Investor<\/a><\/h2>\n\n<div class=\"wp-block-post-excerpt\"><p class=\"wp-block-post-excerpt__excerpt\">On March 31, 1727, Sir Isaac Newton, one of the most important scientists in history, died. However, his legacy extended beyond science, but also to investment and even religion. <\/p><\/div><\/div>\n<\/div>\n\n<\/li><li class=\"wp-block-post post-5200 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-consejos-financieros category-efemerides category-marzo category-mercado-internacional tag-aerolineas tag-burbuja-puntocom tag-finanzas tag-mercado-de-valores tag-mercado-internacional\">\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/priceline\/\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-png.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"La Incre\u00edble IPO de Priceline.com y las 5 Lecciones que deja para los Inversores\" style=\"--dominant-color: #fcfefe;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-png.webp 900w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-300x200.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/priceline-768x512.webp 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" data-has-transparency=\"false\" data-dominant-color=\"fcfefe\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><h2 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/priceline\/\" target=\"_self\">Priceline.com&#039;s Incredible IPO and the 5 Lessons It Leaves for Investors<\/a><\/h2>\n\n<div class=\"wp-block-post-excerpt\"><p class=\"wp-block-post-excerpt__excerpt\">On March 30, 1999, Priceline.com&#039;s initial public offering (IPO) took place. Trading began at $16 and closed at $69, tripling the profits of its initial investors. At the time, the company was trading at a higher price than United Airlines, Continental Airlines, and Northwest Airlines combined, a clear\u2026 <\/p><\/div><\/div>\n<\/div>\n\n<\/li><li class=\"wp-block-post post-5205 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-efemerides category-marzo category-mercado-internacional tag-doctor-catastrofe tag-doctor-doom tag-economia tag-mercado-internacional tag-nouriel-roubini\">\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/doctor-catastrofe\/\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-png.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"Qui\u00e9n es el Doctor Cat\u00e1strofe y su Sorprendente Profec\u00eda\" style=\"--dominant-color: #59596c;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-png.webp 900w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-300x200.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/nourini-768x512.webp 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" data-has-transparency=\"false\" data-dominant-color=\"59596c\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><h2 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/doctor-catastrofe\/\" target=\"_self\">Who is Doctor Catastrophe and his surprising prophecy?<\/a><\/h2>\n\n<div class=\"wp-block-post-excerpt\"><p class=\"wp-block-post-excerpt__excerpt\">Nouriel Roubini, an American economist known for his apocalyptic predictions and nicknamed &quot;Doom,&quot; was born on March 29, 1959. Discover his story and how what he predicted came to pass in a shocking way. <\/p><\/div><\/div>\n<\/div>\n\n<\/li><\/ul><\/div>\n\n\n\n<div class=\"wp-block-query wp-embed-aspect-16-9 wp-has-aspect-ratio is-layout-flow wp-block-query-is-layout-flow\"><form role=\"search\" method=\"get\" action=\"https:\/\/elinversordebolsillo.com.ar\/en\/\" class=\"wp-block-search__button-outside wp-block-search__text-button wp-block-search\" data-trp-original-action=\"https:\/\/elinversordebolsillo.com.ar\/en\/\"    ><label class=\"wp-block-search__label\" for=\"wp-block-search__input-1\" ><strong>Search all blog posts:<\/strong><\/label><div class=\"wp-block-search__inside-wrapper\" ><input class=\"wp-block-search__input\" id=\"wp-block-search__input-1\" placeholder=\"\" value=\"\" type=\"search\" name=\"s\" required \/><button aria-label=\"Look for\" class=\"wp-block-search__button wp-element-button\" type=\"submit\" >Look for<\/button><\/div><input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Blog Keyword Cloud:<\/h3>\n<\/div>\n\n\n<p class=\"wp-block-tag-cloud\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/aeronautica\/\" class=\"tag-cloud-link tag-link-60 tag-link-position-1\" style=\"font-size: 8pt;\" aria-label=\"Aeronautics (4 items)\">Aeronautics<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ahorro\/\" class=\"tag-cloud-link tag-link-328 tag-link-position-2\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"savings (7 items)\">saving<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/apple\/\" class=\"tag-cloud-link tag-link-173 tag-link-position-3\" style=\"font-size: 10.095808383234pt;\" aria-label=\"Apple (8 items)\">Apple<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/asesor-financiero\/\" class=\"tag-cloud-link tag-link-159 tag-link-position-4\" style=\"font-size: 11.437125748503pt;\" aria-label=\"Financial Advisor (12 items)\">Financial Advisor<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bancos\/\" class=\"tag-cloud-link tag-link-193 tag-link-position-5\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"banks (7 items)\">banks<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/berkshire-hathaway\/\" class=\"tag-cloud-link tag-link-71 tag-link-position-6\" style=\"font-size: 8pt;\" aria-label=\"Berkshire Hathaway (4 items)\">Berkshire Hathaway<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bolsa-de-valores\/\" class=\"tag-cloud-link tag-link-39 tag-link-position-7\" style=\"font-size: 19.40119760479pt;\" aria-label=\"Bolsa de valores (114 items)\">Stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bonos\/\" class=\"tag-cloud-link tag-link-322 tag-link-position-8\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"bonds (6 items)\">bonds<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja\/\" class=\"tag-cloud-link tag-link-289 tag-link-position-9\" style=\"font-size: 10.095808383234pt;\" aria-label=\"bubble (8 items)\">bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja-puntocom\/\" class=\"tag-cloud-link tag-link-239 tag-link-position-10\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Dotcom bubble (11 items)\">Dot-com bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/byma\/\" class=\"tag-cloud-link tag-link-83 tag-link-position-11\" style=\"font-size: 10.51497005988pt;\" aria-label=\"byma (9 items)\">byma<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/commodities\/\" class=\"tag-cloud-link tag-link-373 tag-link-position-12\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"commodities (5 items)\">commodities<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/compania-de-los-mares-del-sur\/\" class=\"tag-cloud-link tag-link-349 tag-link-position-13\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"South Sea Company (5 items)\">South Sea Company<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/consejos-financieros\/\" class=\"tag-cloud-link tag-link-164 tag-link-position-14\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Financial advice (5 items)\">Financial advice<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/criptomonedas\/\" class=\"tag-cloud-link tag-link-237 tag-link-position-15\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Cryptocurrencies (6 items)\">Cryptocurrencies<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis\/\" class=\"tag-cloud-link tag-link-88 tag-link-position-16\" style=\"font-size: 12.023952095808pt;\" aria-label=\"crisis (14 items)\">crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis-subprime\/\" class=\"tag-cloud-link tag-link-101 tag-link-position-17\" style=\"font-size: 10.095808383234pt;\" aria-label=\"subprime crisis (8 items)\">subprime crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/curso-de-finanzas-gratuito\/\" class=\"tag-cloud-link tag-link-594 tag-link-position-18\" style=\"font-size: 13.02994011976pt;\" aria-label=\"curso de finanzas gratuito (19 items)\">free finance course<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/economia\/\" class=\"tag-cloud-link tag-link-397 tag-link-position-19\" style=\"font-size: 11.185628742515pt;\" aria-label=\"economics (11 items)\">economy<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/empezar-a-invertir\/\" class=\"tag-cloud-link tag-link-38 tag-link-position-20\" style=\"font-size: 15.964071856287pt;\" aria-label=\"Empezar a invertir (44 items)\">Start investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/esquema-piramidal\/\" class=\"tag-cloud-link tag-link-255 tag-link-position-21\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"pyramid scheme (7 items)\">pyramid scheme<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/estados-unidos\/\" class=\"tag-cloud-link tag-link-172 tag-link-position-22\" style=\"font-size: 10.095808383234pt;\" aria-label=\"United States (8 items)\">USA<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/facebook\/\" class=\"tag-cloud-link tag-link-177 tag-link-position-23\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Facebook (5 items)\">Facebook<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas\/\" class=\"tag-cloud-link tag-link-31 tag-link-position-24\" style=\"font-size: 18.562874251497pt;\" aria-label=\"finanzas (90 items)\">finance<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas-personales\/\" class=\"tag-cloud-link tag-link-32 tag-link-position-25\" style=\"font-size: 16.88622754491pt;\" aria-label=\"Finanzas personales (56 items)\">Personal finances<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ibm\/\" class=\"tag-cloud-link tag-link-380 tag-link-position-26\" style=\"font-size: 8pt;\" aria-label=\"IBM (4 items)\">IBM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inflacion\/\" class=\"tag-cloud-link tag-link-228 tag-link-position-27\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"inflation (5 items)\">inflation<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inglaterra\/\" class=\"tag-cloud-link tag-link-293 tag-link-position-28\" style=\"font-size: 8pt;\" aria-label=\"England (4 items)\">England<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-finanzas\/\" class=\"tag-cloud-link tag-link-166 tag-link-position-29\" style=\"font-size: 8pt;\" aria-label=\"finance books (4 items)\">finance books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-inversion\/\" class=\"tag-cloud-link tag-link-284 tag-link-position-30\" style=\"font-size: 8pt;\" aria-label=\"investment books (4 items)\">investment books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ltcm\/\" class=\"tag-cloud-link tag-link-127 tag-link-position-31\" style=\"font-size: 8pt;\" aria-label=\"LTCM (4 items)\">LTCM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mentoria-financiera\/\" class=\"tag-cloud-link tag-link-61 tag-link-position-32\" style=\"font-size: 13.02994011976pt;\" aria-label=\"financial mentoring (19 items)\">financial mentoring<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-argentino\/\" class=\"tag-cloud-link tag-link-126 tag-link-position-33\" style=\"font-size: 15.880239520958pt;\" aria-label=\"mercado argentino (43 items)\">Argentine market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-de-valores\/\" class=\"tag-cloud-link tag-link-35 tag-link-position-34\" style=\"font-size: 19.820359281437pt;\" aria-label=\"mercado de valores (128 items)\">stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-internacional\/\" class=\"tag-cloud-link tag-link-70 tag-link-position-35\" style=\"font-size: 22pt;\" aria-label=\"mercado internacional (234 items)\">international market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/meta\/\" class=\"tag-cloud-link tag-link-178 tag-link-position-36\" style=\"font-size: 8pt;\" aria-label=\"Meta (4 items)\">Meta<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/microsoft\/\" class=\"tag-cloud-link tag-link-231 tag-link-position-37\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"Microsoft (7 items)\">Microsoft<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/nasdaq\/\" class=\"tag-cloud-link tag-link-104 tag-link-position-38\" style=\"font-size: 8pt;\" aria-label=\"Nasdaq (4 items)\">Nasdaq<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/petroleo\/\" class=\"tag-cloud-link tag-link-383 tag-link-position-39\" style=\"font-size: 10.51497005988pt;\" aria-label=\"Oil (9 items)\">Oil<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/rusia\/\" class=\"tag-cloud-link tag-link-41 tag-link-position-40\" style=\"font-size: 8pt;\" aria-label=\"Russia (4 items)\">Russia<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/steve-jobs\/\" class=\"tag-cloud-link tag-link-175 tag-link-position-41\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Steve Jobs (6 items)\">Steve Jobs<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/tecnologia\/\" class=\"tag-cloud-link tag-link-391 tag-link-position-42\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Technology (11 items)\">Technology<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/value-investing\/\" class=\"tag-cloud-link tag-link-95 tag-link-position-43\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"value investing (5 items)\">value investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/wall-street\/\" class=\"tag-cloud-link tag-link-234 tag-link-position-44\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Wall Street (5 items)\">Wall Street<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/warren-buffett\/\" class=\"tag-cloud-link tag-link-69 tag-link-position-45\" style=\"font-size: 13.532934131737pt;\" aria-label=\"warren buffett (22 items)\">Warren Buffett<\/a><\/p>\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Explore categories<\/h3>\n\n\n<ul class=\"wp-block-categories-list wp-block-categories\">\t<li class=\"cat-item cat-item-50\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/abril\/\">April<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-54\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/agosto\/\">August<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-77\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/\">Blog<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-78\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/consejos-financieros\/\">Financial advice<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-418\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/curso-de-finanzas\/\">Finance Course<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-58\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/diciembre\/\">December<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-46\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/\">Anniversaries<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-47\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/enero\/\">January<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-48\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/febrero\/\">February<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-30\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/finanzas-personales\/\">Personal Finance<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-53\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/julio\/\">July<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-52\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/junio\/\">June<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-49\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/marzo\/\">March<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-51\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/mayo\/\">May<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-29\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/mercado-argentino\/\">Argentine Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-28\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/mercado-internacional\/\">International Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-167\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/miscelaneo\/\">Miscellaneous<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-256\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/noticias\/\">News<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-57\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/noviembre\/\">November<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-27\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/\">Our services<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-56\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/octubre\/\">October<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-55\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/septiembre\/\">September<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-1\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/sin-categoria\/\">Uncategorized<\/a>\n<\/li>\n<\/ul>\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>On August 27, 1998, the Russian market collapsed completely: the main index fell by 171% on that day alone, adding to a catastrophic year-on-year decline of 841% on the same day. Find out what happened.<\/p>","protected":false},"author":2,"featured_media":6934,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[77,54,46,28],"tags":[39,88,572,127,70],"class_list":["post-5766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-agosto","category-efemerides","category-mercado-internacional","tag-bolsa-de-valores","tag-crisis","tag-crisis-rusa","tag-ltcm","tag-mercado-internacional"],"_links":{"self":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/5766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/comments?post=5766"}],"version-history":[{"count":5,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/5766\/revisions"}],"predecessor-version":[{"id":9064,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/5766\/revisions\/9064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media\/6934"}],"wp:attachment":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media?parent=5766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/categories?post=5766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/tags?post=5766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}